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20121004
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Search Results 0 to 24 of about 25 (some duplicates have been removed)
getting a handle on the deficit. also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're popular. s
bowles are key candidates. they could play a major role in deficit talks with congress. bowles chaired the white house deficit commission in 2010. >>> in other news, general motors is recalling more than 40,000 vehicles sold in warm weather states because of potential fuel leaks. it affects chevy cobalt and pontiac g5 sedans and chevy equinox, pontiac torrent, and saturn ion from 2007. it could crack the fuel pump, causing it to leak and cause a fire. gm has no reports of fires or injuries. back over to you. >> seema, thanks. >>> robert griffin iii ran for 323 yards and ran for another 43. tampa bay clawed their way back and led by a point with less than two minutes left, but redskins kicker billy cundiff, who missed three field goals later in the game proves to be the hero in this one. he nailed a 41-yard field goal with no time left to win it for washington. >> it was a great play for him. he redeemed himself with that kick to help us win the game. we all have things we have to get better at. for him, it was a good confidence kick for him, seeing that he didn't make the rest of them
about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of time in thi
in virginia told veterans the nation's debt is more than just numbers on paper. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his best month in a year. >> tracie potts for us in washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. >> on the republican side, the story they tell about mitt romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that -- what's the strategy here? how are we tr
policies. all he needs to talk about is failure, crisis, the inability of this president to get the deficit under control, deficits mean new taxes. debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an expert, mitt romney on health care. he did it differently in massachusetts. he shouldn't be embarrassed about it. he can talk about it in a real way. >> brian: and he has recently on the stump. peter johnson, jr., thanks. >> we'll be watching. >> brian: and analyze tomorrow. 11 minutes before the top of the hour. up next, do you always hate what you see when you look in the mirror? up next, dr. keith ablow tells us if you are normal or nuts. right there, a free session for martha mccallum. on this day in hi
predecessor. the david letterman interview that president obama gave last week on the debt and deficits was a veritable panoply of things that were at least misleading, and often just flat-out untrue. i think the president didn't get called on it. there were many more misleading statements in the 10 minute interview that president obama gave david letterman than anything in paul ryan's speech which as we saw led to the this explosion of fact-checking. bill: don't all politicians kind of take the truth and bend it a little bit, stretch it out for their own advantage? >> yes. that is an understatement. they do it all the time. everybody on all sides does it. and i think, you know, to a certain extent the romney campaign has to be a little careful not caught up in just being fact checkers, but at the same time calling the president out on his excesses. when he is say things about governor romney that aren't true. bill: rove takes it a step further because he writes about serial dishonesty. that is the phrase he uses in his piece. how do you think romney has responded to date? >> i think th
the question about how do you keep the code without increasing the deficit. but it's a promising proposal that tax policy exports like because it is achievable. now, if you lump the deductions together and don't fight them one by one and have a cap, that is easier to get done. >> on that 17,000, a, do you think we're going to hear about it tonight? does that include things like charitable deductions, mortgage deductions? how far do you think that goes? >> reporter: yes, it does. >> 17,000 cap across the board. that is meaningful. that would have a huge impact on the real estate market, it would have a huge impact broadly. >> reporter: yes, i believe from what i was reading yesterday, and i haven't gotten a chance to delve into it that $17,000 level was set purposefully because people in the under $200,000 income category generally speaking don't have more than that, right? but it makes it easier to begin taking on deductions as you move up the scale. so i do think it's positive. i would expect him to get asked about it and, you know, if he starts sketching out a little bit how he would re
believe we want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place next wednesday night in denver. >>> president obama is urging patience when it comes to this country's economic recovery. he spoke of what he calls an economic patriotism during a rally yesterday in virginia beach. >> an economic patriotism rooted in the belief that growing our economy belongs with a strong and thriving middle class. i won't pretend that getting there is easy. the truth is it's going to take a few more years to solve challenges that we're building up over decades. but i want everybody here to understand our problems can be solved. our challenges will be met. >> the president will hold a campaign event today here in washington. >>> one person is dead after a wrong way crash in stafford, virginia. the accident happened around 4:30 yesterday along route 17 near stafford lakes parkway. police
. we still have a deficit. some areas picked up 3 inches or plus. it was really pouring west of i- 95. this morning fog will be a problem. not just the fog here. it's a mild morning. had a stray shower overnight but that has since lifted into northeastern maryland pulling away. temps running in the cool spots in the mid-60s. warm spots low to mid-70s. sunrise 7:06. we're not going to see the sun rise but we will see sunshine later this morning. by noon 80 degrees. partly sunny. this afternoon could be a shower late north and west. high temperature 85. 5:00 temperature 83 degrees. so very warm day for early october. visibilities a real problem. northern shenandoah valley toward western maryland quarter mile. baltimore to annapolis a quarter mile. even d.c. out toward dulles quarter mile visibility with dense fog advisories. not for washington. they may issue it but right now it's for baltimore, annapolis and the northern shenandoah valley till 8:00 this morning. 69 in laurel and bowie this morning. 66 at fairfax. out toward leesburg 64. down south at fort belvoir 68. outside on our mic
. they include reducing the deficit about4 trillion over ten years, an overhaul of the tax code, and changes to medicare and social security. now, if congress can't avoid that cliff, it also means an end to several tax cuts and a huge boost in the action at thats you will pay. the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident that has one police officer in hot water this morning. "and what's your name?" "oh, it's flo." "and what do you do?" "oh, i sell insurance like no one else." "oh, that's nice." "thank you." now, that's progressive. call or click today. >>> welcome back apparently, looking at photos and videos of cute, fuzzy baby animals can help improve your produc
did something. lazer focused on independents. they are more focused on the deficit. he did with the message. i am cutting taxings. but i am going to peel back deductions and not cutting back so much. that is getting to the deficit. if you cut back in too much in taxes the deficit will not get touched. he's trying to get the independents. and they said the crowd was overwhelming close to 4,000 >> steve: we would like you to e-mail us. do you think what the gop polster thinks there is it a media polling bias to stack the deck for the democrats or it is it. new york times cbs poll had mr. obama up by 10 points and local paper. columbus dispatch had him up by 5. and there in ohio. what does the governor think ohiians need from mr. romney? >> i think what romney needs to do. does he understand their problems. when he's out there he touches them. he has to touch as many people as he can and he has to keep coming back. he has to talk about policies and not people. it is it about lower tax less government and economic growth that landlords to jobs. only thing that matters is yobs a
, a trade that works for america, deficit reducti reduction, and being a champion for small business, which is not what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrats, but he is the gifted speaker. the problem is, he does not have the gift of a positive record to run on. the economy is in the toilet and t current news we have on informed policy is troubling. the administration knew this was a terrorist attack within the first 24 hours yet they continue to say this is the result of a video in a movie trailer, put ambassador rice out there being extremely dishonest with the american people. that's troubling. and those troops will come out in the debates. >> alice, we've gone to war with countries saying they were responsible for nerch when they really weren't. i'm talking about iraq. give the white house a little leeway here on figuring out exactly what's what to go with the facts. thursday power pan
providing cures for debilitating diseases. that's not a recipe for growth and we can reduce our deficit, including making some smart decisions on medicare in particular, where we're focused on lowering health care costs by reforming how health care is delivered but we don't need to be voucherizing the system to dump those costs on to seniors because, frankly, they can't afford it right now. >> pelley: there is a lot of rhetoric about medicare. what do you intend to do? >> well, i don't want any change to medicare for current seniors or for those that are nearing retirement. so the plan stays exactly same. >> pelley: make sure i understand. the idea under your plan for future seniors would be that the federal government would write that senior a check, essentially and say "now, you can go buy a private insurance plan or you can buy medicare from the federal government"? >> s that essentially it? >> that's essentially it. people would have a choice of either traditional government-run fee-for-service medicare or a private plan which has to offer the same benefits. it can't be skinnyed dow
to create are manufacturing jobs, promote u.s.-made energy and train workers and reduce the deficit. voters in ohio liked the message the president delivered on jobs there yesterday. polls show mr. obama widening his lead in the state. mitt romney also in the buckeye state telling audiences he cares about the people of america. romney acknowledging that some of the polls show him behind president obama. but he pointed to the first presidential debate less than a week from now as a potential turning point in the race. >>> in new york it was a rough ride for nearly 200 people aboard a brazilian jetliner from rio. they were bracing for a crash landing at kennedy airport because the landing gear was stuck sideways. you can see it there. the pilot circled twice before touching down. the nose gear seemed to miraculously straighten itself out just before the plane hit the tarmac. thankfully no one was injured. but some anxious moments aboard that plane. >>> airlines across the country are raking in big profits from what used to be a free service. they're pocketing billions of dollars in baggage fe
gap to two points compared to a four-point deficit and also a close race in florida where the president leads romney by just a single point, also down from a four-point lead last month. but romney's made no progress in ohio where mr. obama remains a significant edge, virtually unchanged since september. nationally the new nbc/"wall street journal" poll also shows the president in a strong position though the race tightened. he sits at 49% in both his ballot test and job approval rating. mitt romney coalesced republicans and to close the gap and likely voters because of republican enthusiasm, 49/46. david? >> former pennsylvania senator rick santorum is a former republican presidential candidate and author of the new book "american patriots, answering the call to freedom." senator, good to see you. >> thank you, david. >> talk about the book in a minute. let's talk about the debate. i spoke with governor chris christie on "meet the press" and he said come thursday morning the narrative will be completely different after the first debate. how so? what are you looking for ton
and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going out on the campaign trail saying those bad republicans want to cut medicare. by the way, this isn't about this election. this is about what happens after this election. how does this president -- >> exactly. >> -- after saying to the republicans, i'm going to cut medicare, which, again, is a responsible thing to do, the only thing you can do if you want to save the program, how can this president then get re-elected and go back to boehner and go, you know what? i said i'd cut medicare, and then i demagogued it and attacked you guys on the campaign. >> well, in his own words, he said it's bad politics to not draw a distinction. now, there
. >> for those folks that have severe deficit that maybe aren't able to stand or tolerate a lot of activity, they, too, can participate. >> and in case you're wondering, no, you can't cheat the system. >> it's pretty sensitive so if you don't have exact proper technique, it's not gonna give you credit. and, of course, it's not your average game console. the $20,000 system includes a camera, projector, green screen room that puts the patient in the middle of the scene. >>> if you're looking for a doctor approved justification for your chocolate fix, listen up. researchers in canada say eating some of the sweet stuff can make you smarter. scientists started out skeptical but found the flavinoids helped snails remember a simple activity in a lab experiment. it's unclear if chocolate has the same effect in humans but the recent findings add to a growing body of evidence that chocolate may soon be considered a super food. i didn't know snails needed to remember stuff. >>> but the government may not okay massive amounts of chocolate just yet. military officials are calling america's problem with obesit
be looking at simpson bowles, deficit reduction and fix it. i mention there's a tax credit for sending a kid to college. that would be something that would disappear as well. pooug research saying one in five households, a record one in five households owed tune debt in 2010. in that year 19% of households held student debt. that's a significant jump from just 15% of households in 2007 before the recession. the average student debt, so for a family that has student debt, the average debt is more than $26,000, triple what it was in 1 1989. your incomes aren't budging. you can't borrow tens of thousands of dollars against your house anymore. a lot of people ask me, how am i supposed to be able to send a kid to college? a piece of advice i got from a financial guru. save a third. you need to be saving a third of the college. a third should be loans. only a third should be loans or you will never get out of it. the other third should be grants, scholarships and the kid has to pay. aim to save for a third or you'll shall hurting your chances and the kids chans. >> let the kids save some of the mo
Search Results 0 to 24 of about 25 (some duplicates have been removed)